Non-Fungible Token (NFT) become familiar and popular for Crypto Enthusiast in the world, i bet you've been knowing about this before, or you can more knowing about what is NFT by reading some artikels using your search engine. For simple explanation Non-Fungible Token is tokens that have specific and special characteristics from tokens in general, it's mean this tokens are different from other token like bitcoin, ethereum, hive, and etc.
Still confused? Okay let me explain about NFT in Real Life for example i have car and you too, what's make different between our car? Yep, the answer is the spesific and characteristics our car, its like the colour is different, have different engine speeds, and made from different countries even though our objects are the same (car) but have different in specifications.
Each Tokens of NFT having different spesification and have smartcontract inside NFT. This made NFT is unique from other tokens.
NFT Application on Digital Blockchain
Non-Fungible Token is virtual asset based on blockchain technology that having value on digital economy especially in blockchain world. Most of this tokens varies on Art and Blockchain Game.
- ART
Non-Fungible Token can create become digital Art, if you have skill in Art or made GIF you can create your own Art likes your favorite artist, character, superhero, etc and you can made your creation into Non-Fungible Tokens and your NFT will be having Smart Contract as your Copyright, then you can sell it into NFT market. The popular NFT market for selling your own art or gif in Rarible.
- GAMING
The first blockchain game i know using NFT is CryptoKitties you can buy and sell any collectibles cards on platform or you can use to breeding your kitties to earn more collectible and selling them for your profit in game. There are many blockchain game using Non-Fungible Token, maybe we have all played blockchain games and most of them are based NFT like Rising Star, Axie Infinity, Alpaca City, My Crypto Heroes, Splinterlands, Sorare and etc. The Most NFT game you can buy and sell in game platform or in external exchange OpenSea.io
NFT Become Most Upcoming Project in 2021
Lots of crypto projects have adopted NFT as an upcoming project on their roadmap, it is proven that NFT has succeeded in bringing in tokens that use it as a successful project in the market. So far several tokens that use NFT such as Ethereum, EOS, WAX, Enjin, Sandbox, Decentraland and etc. This makes NFT one of the market trends in 2021. What do you think? do you agree that NFT will become Market Trends in 2021?
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NFT's were already a market trend before 2021, however everyone was focused on DeFI
I still question ART as an NFT without any type of DRM technology.
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I believe BFT will become a trend, but not necessarily this year. Maybe in 2-3 years from now. Take also a look at the Enjin Coin ($ENJ). This might be one of my alt picks on the next market cycle (3 years from now) 😉
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